707 W Victory Way - Fast Food FOR SALE


Craig, CO 81625
$2,000,000 USD
425-829-9091
707 W Victory Way, Craig, CO for Sale
$2,000,000 USD
Fast Food - FOR SALE
1/5
null | 6% Cap Rate

707 W Victory Way
Craig, CO 81625


HIGHLIGHTS

  • HIGH Volume Sales Location - 4.25% Rent vs Sales Ratio
  • Absolute NNN 15 Year Lease executed at Close of Escrow
  • 2025 Remodel - 135+ store Franchisee Lease Guarantee
  • Located just west of Steamboat Springs on Highway 40

OVERVIEW

The subject property is located at 707 West Victory Way in Craig CO directly off Highway 40 which is 200 miles west of Denver CO , 290 miles east of Salt Lake City UT and just 40 miles west of Steamboat Springs CO. This investment is a new Absolute NNN 15 Year Lease with one of the largest KFC Franchisees in the Nation which won 2023 Franchisee of the Year honors. High performing sales location with 4.25% rent vs sales. The store is under going a new remodel to current co-brand image requirements. The Subject Property Lease is guaranteed by 135+ Stores. The Lease provides for long term stability with 8% increases every 5 years and there are (4) 5 Year Renewal Options after the primary 15-year lease term.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$677 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,154 SF

ZONING

Commercial

APN/PARCEL ID

R006929

ASK ABOUT THIS PROPERTY

Aaron HinesMarcus & MillichapMore Info
425-829-9091

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Aaron HinesMarcus & MillichapMore Info
425-829-9091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.